Granite Construction (GVA) Stock Price

Granite Construction Price

NYSE·CLOSED
121.60USD-3.28 (-2.66 %)
Market closed

Revenue has compounded at 2.1% per year over the past 19 years to 4.42 B USD. Earnings per share have grown at 3.2% per year over the last 19 years. Granite Construction's net margin stands at 4.4%, up from 0.3% several years earlier. Granite Construction currently offers a dividend yield of about 0.43%. The payout ratio is around 14% of earnings. The dividend has grown at 1.4% per year over the past 19 years. Analysts set a median price target of 137.70 USD, implying 13.2% above the current price. Of 8 analysts, 6 rate the stock a buy — an overall Buy consensus. The stock trades about 23% above its 52-week low.

Granite Construction stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Granite Construction over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Granite Construction stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Granite Construction's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Granite Construction Stock Price History
DateGranite Construction Price
8/6/2026121.60 USD
8/5/2026124.88 USD
8/4/2026123.39 USD
8/3/2026124.07 USD
7/31/2026120.97 USD
7/30/2026114.92 USD
7/29/2026116.86 USD
7/27/2026124.64 USD
7/23/2026126.71 USD
7/22/2026125.72 USD
7/21/2026124.78 USD
7/20/2026122.08 USD
7/17/2026124.03 USD
7/16/2026125.63 USD
7/15/2026124.56 USD
7/14/2026120.93 USD
7/13/2026119.46 USD
7/10/2026122.46 USD
7/9/2026125.58 USD
7/8/2026144.80 USD
7/7/2026144.07 USD
7/6/2026150.54 USD
7/2/2026145.93 USD
7/1/2026149.82 USD
6/30/2026158.08 USD
6/29/2026157.66 USD
6/26/2026160.39 USD
6/25/2026156.65 USD
6/24/2026151.88 USD
6/23/2026150.08 USD
6/22/2026150.99 USD
6/18/2026145.89 USD
6/17/2026146.16 USD
6/16/2026145.79 USD
6/15/2026141.07 USD
6/12/2026142.54 USD
6/11/2026136.30 USD
6/10/2026138.17 USD
6/9/2026140.05 USD
6/8/2026139.85 USD
6/5/2026143.07 USD
6/4/2026140.50 USD
6/3/2026138.22 USD
6/2/2026138.41 USD
6/1/2026134.90 USD
5/29/2026139.07 USD
5/28/2026139.20 USD
5/27/2026136.92 USD
5/26/2026132.70 USD
5/22/2026128.12 USD
5/21/2026128.35 USD
5/20/2026133.63 USD
5/19/2026132.46 USD
5/18/2026137.28 USD
5/15/2026138.55 USD
5/14/2026140.93 USD
5/13/2026143.13 USD
5/12/2026140.42 USD
5/11/2026141.21 USD
5/8/2026141.88 USD
5/7/2026141.23 USD
5/6/2026142.38 USD
5/5/2026141.66 USD
5/4/2026137.54 USD
5/1/2026139.42 USD
4/30/2026137.07 USD
4/29/2026122.55 USD
4/28/2026124.78 USD
4/27/2026125.77 USD
4/24/2026123.37 USD
4/23/2026122.58 USD
4/22/2026121.49 USD
4/21/2026123.92 USD
4/20/2026124.17 USD
4/17/2026124.27 USD
4/16/2026123.42 USD
4/15/2026125.78 USD
4/14/2026126.98 USD
4/13/2026127.23 USD
4/10/2026126.99 USD
4/9/2026127.70 USD
4/8/2026125.94 USD
4/7/2026120.77 USD
4/6/2026121.22 USD
4/2/2026121.57 USD
4/1/2026122.32 USD
3/31/2026119.88 USD
3/30/2026116.49 USD
3/27/2026118.14 USD
3/26/2026118.83 USD
3/25/2026121.92 USD
3/24/2026121.11 USD
3/23/2026119.65 USD
3/20/2026116.19 USD
3/19/2026120.14 USD
3/18/2026120.14 USD
3/17/2026121.65 USD
3/16/2026123.07 USD
3/13/2026120.73 USD
3/12/2026123.67 USD
3/11/2026125.00 USD
3/10/2026124.47 USD
3/9/2026125.52 USD
3/6/2026123.37 USD
3/5/2026126.77 USD
3/4/2026132.45 USD
3/3/2026131.93 USD
3/2/2026133.84 USD
2/27/2026134.46 USD
2/26/2026136.09 USD
2/25/2026135.47 USD
2/24/2026136.19 USD
2/23/2026134.76 USD
2/20/2026135.79 USD
2/19/2026133.59 USD
2/18/2026132.79 USD
2/17/2026128.61 USD
2/16/2026128.61 USD
2/13/2026130.93 USD
2/12/2026130.93 USD
2/11/2026129.22 USD
2/10/2026133.17 USD
2/9/2026132.91 USD
2/8/2026132.10 USD
2/6/2026130.18 USD
2/5/2026130.18 USD
2/4/2026125.83 USD
2/3/2026123.00 USD
2/2/2026124.83 USD
2/1/2026123.59 USD
1/30/2026120.74 USD
1/29/2026120.74 USD
1/28/2026121.57 USD
1/27/2026119.63 USD
1/26/2026119.38 USD
1/25/2026119.58 USD
1/23/2026120.28 USD
1/22/2026120.28 USD
1/21/2026121.16 USD
1/20/2026122.13 USD
1/19/2026120.18 USD
1/16/2026121.36 USD
1/15/2026121.36 USD
1/14/2026120.98 USD
1/13/2026121.55 USD
1/12/2026123.75 USD
1/11/2026123.00 USD
1/9/2026120.91 USD
1/8/2026120.91 USD
1/7/2026119.29 USD
1/6/2026119.35 USD
1/5/2026120.57 USD
1/4/2026120.01 USD
1/2/2026118.67 USD
1/1/2026118.67 USD
12/31/2025115.35 USD
12/30/2025115.35 USD
12/29/2025116.77 USD
12/28/2025118.10 USD
12/26/2025119.36 USD
12/25/2025119.36 USD
12/24/2025118.42 USD
12/23/2025118.42 USD
12/22/2025118.49 USD
12/21/2025117.52 USD
12/19/2025115.45 USD
12/18/2025115.45 USD
12/17/2025113.79 USD
12/16/2025113.98 USD
12/15/2025116.65 USD
12/14/2025115.71 USD
12/12/2025115.08 USD
12/11/2025115.08 USD
12/10/2025115.20 USD
12/9/2025111.26 USD
12/8/2025108.42 USD
12/7/2025108.22 USD
12/5/2025108.08 USD
12/4/2025108.08 USD
12/3/2025108.31 USD
12/2/2025106.99 USD
12/1/2025106.47 USD
11/30/2025106.50 USD
11/28/2025107.53 USD
11/27/2025107.53 USD
11/26/2025106.55 USD
11/25/2025106.55 USD
11/24/2025105.61 USD
11/23/2025104.73 USD
11/21/2025103.85 USD
11/20/2025103.85 USD
11/19/2025102.41 USD
11/18/2025102.75 USD
11/17/2025102.95 USD
11/16/2025101.46 USD
11/14/2025102.55 USD
11/13/2025102.55 USD
11/12/2025102.75 USD
11/11/2025102.47 USD
11/10/2025102.50 USD
11/9/2025100.16 USD
11/7/202598.50 USD
11/6/202598.50 USD
11/5/202599.39 USD
11/4/2025102.76 USD
11/3/2025102.40 USD
11/2/2025102.52 USD
10/31/2025102.91 USD
10/30/2025102.91 USD
10/29/2025102.82 USD
10/28/2025103.15 USD
10/27/2025103.77 USD
10/26/2025103.84 USD
10/23/2025104.56 USD
10/22/2025103.45 USD
10/21/2025103.66 USD
10/20/2025105.49 USD
10/19/2025105.68 USD
10/16/2025105.03 USD
10/15/2025105.58 USD
10/14/2025106.40 USD
10/13/2025107.13 USD
10/12/2025106.57 USD
10/9/2025105.41 USD
10/8/2025105.51 USD
10/7/2025107.06 USD
10/6/2025105.92 USD
10/5/2025108.30 USD
10/2/2025109.25 USD
10/1/2025109.15 USD
9/30/2025108.12 USD
9/29/2025109.65 USD
9/28/2025109.06 USD
9/25/2025108.99 USD
9/24/2025108.63 USD
9/23/2025108.99 USD
9/22/2025110.41 USD
9/21/2025110.66 USD
9/18/2025110.00 USD
9/17/2025109.60 USD
9/16/2025107.60 USD
9/15/2025108.31 USD
9/14/2025109.37 USD
9/11/2025107.45 USD
9/10/2025109.58 USD
9/9/2025108.45 USD
9/8/2025107.45 USD
9/7/2025108.17 USD
9/4/2025108.10 USD
9/3/2025108.32 USD
9/2/2025105.73 USD
9/1/2025106.57 USD
8/28/2025107.75 USD
8/27/2025109.92 USD
8/26/2025109.97 USD
8/25/2025110.50 USD
8/24/2025109.64 USD
8/21/2025111.05 USD
8/20/2025109.59 USD
8/19/2025109.55 USD
8/18/2025109.45 USD
8/17/2025110.04 USD
8/14/2025109.25 USD
8/13/2025110.80 USD
8/12/2025111.29 USD
8/11/2025109.37 USD
8/10/2025106.87 USD
Access this data via the Eulerpool API

Granite Construction Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2021
3.50 B USD
24.72 M USD
10.10 M USD
Jan 1, 2022
3.30 B USD
78.86 M USD
83.30 M USD
Jan 1, 2023
3.51 B USD
80.06 M USD
43.60 M USD
Jan 1, 2024
4.01 B USD
207.36 M USD
126.35 M USD
Jan 1, 2025
4.42 B USD
282.58 M USD
193.00 M USD
Jan 1, 2026 (e)
5.28 B USD
209.36 M USD
253.23 M USD
Jan 1, 2027 (e)
5.67 B USD
224.78 M USD
306.00 M USD
Jan 1, 2028 (e)
5.90 B USD
234.10 M USD
339.16 M USD

Granite Construction Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 8, 2026, 12:15 PM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESM
20132014201520162017201820192020202120222023202420252026e2027e2028e
2.272.282.372.512.993.323.323.563.503.303.514.014.425.285.675.90
8.790.404.226.0318.8911.017.35-1.71-5.716.3014.1910.4119.267.374.15
8.1610.9912.7811.9710.5111.7211.729.6610.3411.1811.2914.2816.0716.0716.0716.07
185.00250.00303.00301.00314.00389.00389.00344.00362.00369.00396.00572.00711.00847.93910.45948.21
-54.0065.00110.00101.0098.0016.0064.00-142.0024.0078.0080.00207.00282.00209.00224.00234.00
-2.382.864.644.023.280.481.93-3.990.692.362.285.176.373.963.953.97
-36.0025.0060.0057.0034.0053.00-145.0010.0083.0043.00126.00193.00253.00305.00339.00
-180.00-169.44140.00-5.00-40.35-373.58-106.90730.00-48.19193.0253.1731.0920.5511.15
0.520.520.520.520.650.520.520.520.520.520.520.520.520.520.520.52
25.00-20.00
38.8939.8139.8939.6540.3947.3347.1746.2847.8451.4853.6152.9553.5353.5353.5353.53
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Granite Construction generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Granite Construction retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Granite Construction's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Granite Construction has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Granite Construction's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Granite Construction stock margins

The Granite Construction margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Granite Construction. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Granite Construction.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
10.36 %
0.71 %
0.29 %
Jan 1, 2022
11.19 %
2.39 %
2.52 %
Jan 1, 2023
11.30 %
2.28 %
1.24 %
Jan 1, 2024
14.29 %
5.17 %
3.15 %
Jan 1, 2025
16.07 %
6.39 %
4.36 %
Jan 1, 2026 (e)
16.07 %
3.97 %
4.80 %
Jan 1, 2027 (e)
16.07 %
3.97 %
5.40 %
Jan 1, 2028 (e)
16.07 %
3.97 %
5.75 %

Granite Construction Stock Revenue, EBIT, Earnings per Share

The Granite Construction earnings per share therefore indicates how much revenue Granite Construction has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
73.20 USD
0.52 USD
0.21 USD
Jan 1, 2022
64.13 USD
1.53 USD
1.62 USD
Jan 1, 2023
65.46 USD
1.49 USD
0.81 USD
Jan 1, 2024
75.68 USD
3.92 USD
2.39 USD
Jan 1, 2025
82.65 USD
5.28 USD
3.61 USD
Jan 1, 2026 (e)
120.88 USD
3.91 USD
5.80 USD
Jan 1, 2027 (e)
129.78 USD
4.20 USD
7.01 USD
Jan 1, 2028 (e)
135.17 USD
4.37 USD
7.77 USD

Granite Construction business model & stock analysis

Granite Construction Inc. is a construction company that was founded in 1922 in Watsonville, California. The company quickly grew and expanded its business to various zones in the United States, including Hawaii and Alaska. Today, the company is one of the largest and most successful construction companies in the USA, with over 3,000 employees and an annual revenue of several billion dollars. The business model of Granite is designed to provide high-quality construction services for a variety of customers and industries. The company specializes in the construction of transportation infrastructure, such as bridges, roads, and airports, as well as the construction of energy and water supply facilities, municipal facilities, and recreational facilities. Granite is also involved in the construction of buildings, including schools, office buildings, and residential houses. Granite has various departments that specialize in different business areas. The concrete and asphalt division specializes in the production of concrete and asphalt mixtures used in the company's projects. The water infrastructure division focuses on the construction of dams, weirs, and other water infrastructure structures. The tunnel construction division specializes in large infrastructure projects, such as the construction of subway and road tunnels. Granite offers products such as concrete, asphalt, and asphalt binder. Granite also manufactures a wide range of equipment used in construction, including construction machinery and heavy transport vehicles. The company also has its own line of concrete mixing plants. Over the years, the company has received numerous awards, including recognition for the highest standards in safety performance and for its commitment to the local communities in which it operates. Granite also has a strong tradition and commitment to the environment, reflected in its leadership in the field of sustainable development and its pursuit of environmentally responsible construction. Granite Construction Inc. is a leading construction contractor focused on delivering high-quality construction services for a wide range of customers and industries. The company has a long history of success and growth, and has become one of the most respected and reputable construction companies in the USA.

Granite Construction SWOT Analysis

Strengths

  • Established brand reputation and industry presence
  • Diversified portfolio of services and expertise
  • Strong financial position and access to capital
  • Robust project management capabilities

Weaknesses

  • Vulnerability to economic downturns and fluctuating demand
  • Dependency on government contracts and regulations
  • High competition within the construction industry
  • Cyclical nature of infrastructure projects

Opportunities

  • Increasing government investment in infrastructure development
  • Growing demand for sustainable and environmentally friendly construction
  • Expansion into emerging markets and geographic regions
  • Adoption of technology and innovation in construction processes

Threats

  • Changes in government policies and regulations
  • Fluctuating material costs and availability
  • Labor shortages and skilled workforce challenges
  • Potential project delays and cost overruns

Granite Construction Employees

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Granite Construction Employees
Details
Date
Granite Construction Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

Granite Construction Segments

Granite Construction Revenue by Segment (1/3)

  • 3 Years

  • 5 Years

  • Max

Construction
Constructions
Transportation segment
Materials
Specialty segment
Materials segment
Water segment
Details
Date
Construction
Constructions
Transportation segment
Materials
Specialty segment
Materials segment
Water segment
Jan 1, 2018
0.00 USD
0.00 USD
1.98 B USD
0.00 USD
626.62 M USD
376.80 M USD
338.25 M USD
Jan 1, 2019
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2020
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2021
0.00 USD
2.60 B USD
0.00 USD
407.75 M USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2022
0.00 USD
2.80 B USD
0.00 USD
497.32 M USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2023
2.99 B USD
0.00 USD
0.00 USD
516.88 M USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2024
0.00 USD
3.42 B USD
0.00 USD
592.35 M USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2025
3.65 B USD
0.00 USD
0.00 USD
769.50 M USD
0.00 USD
0.00 USD
0.00 USD

Granite Construction Revenue by Segment (2/3)

  • 3 Years

  • 5 Years

  • Max

Materials
Specialty
Water
Details
Date
Materials
Specialty
Water
Jan 1, 2018
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2019
357.19 M USD
727.54 M USD
468.73 M USD
Jan 1, 2020
380.76 M USD
723.39 M USD
440.32 M USD
Jan 1, 2021
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2022
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2023
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2024
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2025
0.00 USD
0.00 USD
0.00 USD

Granite Construction Revenue by Segment (3/3)

  • 3 Years

  • 5 Years

  • Max

Transportation
Details
Date
Transportation
Jan 1, 2018
0.00 USD
Jan 1, 2019
1.89 B USD
Jan 1, 2020
2.02 B USD
Jan 1, 2021
0.00 USD
Jan 1, 2022
0.00 USD
Jan 1, 2023
0.00 USD
Jan 1, 2024
0.00 USD
Jan 1, 2025
0.00 USD

Granite Construction Revenue by Region

  • 3 Years

  • 5 Years

  • Max

Mountain
California
California 1[Member]
Northwest
Central
Heavy Civil
Midwest
Federal
Details
Date
Mountain
California
California 1[Member]
Northwest
Central
Heavy Civil
Midwest
Federal
Jan 1, 2019
0.00 USD
0.00 USD
992.10 M USD
895.91 M USD
0.00 USD
687.34 M USD
253.82 M USD
85.70 M USD
Jan 1, 2020
0.00 USD
0.00 USD
1.18 B USD
835.17 M USD
0.00 USD
756.49 M USD
241.19 M USD
117.18 M USD
Jan 1, 2021
853.34 M USD
1.07 B USD
0.00 USD
0.00 USD
1.09 B USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2022
1.32 B USD
1.08 B USD
0.00 USD
0.00 USD
898.31 M USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2023
1.40 B USD
1.29 B USD
0.00 USD
0.00 USD
820.69 M USD
0.00 USD
0.00 USD
0.00 USD

Granite Construction Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Granite Construction historical P/E ratio, EBIT multiple, and P/S ratio

Granite Construction annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Granite Construction shares outstanding

The number of shares of Granite Construction was 53.53 M in 2025. This indicates how many shares Granite Construction is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
47.84 M Stocks
Jan 1, 2022
51.48 M Stocks
Jan 1, 2023
53.61 M Stocks
Jan 1, 2024
52.95 M Stocks
Jan 1, 2025
53.53 M Stocks
Jan 1, 2026 (e)
53.53 M Stocks
Jan 1, 2027 (e)
53.53 M Stocks
Jan 1, 2028 (e)
53.53 M Stocks

Granite Construction stock splits

In Granite Construction's history, there have been no stock splits.

Granite Construction Dividend History

30 years of dividend payments

YearAnnual DividendYoY ChangePayments
20260.13USDYTD
Mar 31, 20260.13USD 0.0%1/1
20250.52USD 0.0%
Mar 31, 20250.13USD 0.0%1/4
Jun 30, 20250.13USD 0.0%2/4
Sep 30, 20250.13USD 0.0%3/4
Dec 31, 20250.13USD 0.0%4/4
20240.52USD 0.0%
20230.52USD 0.0%
20220.52USD 0.0%
20210.52USD 0.0%
20200.52USD 0.0%
20190.52USD 0.0%
20180.52USD 20.0%
20170.65USD 25.0%

Granite Construction dividend history and estimates

In 2025, Granite Construction paid a dividend amounting to 0.52 USD. Dividend means that Granite Construction distributes a portion of its profits to its owners.
  • 3 Years

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  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
0.52 USD
0.00 USD
Jan 1, 2022
0.52 USD
0.00 USD
Jan 1, 2023
0.52 USD
0.00 USD
Jan 1, 2024
0.52 USD
0.00 USD
Jan 1, 2025
0.52 USD
0.00 USD
Jan 1, 2026 (e)
0.13 USD
0.39 USD
Jan 1, 2027 (e)
0.00 USD
0.52 USD
Jan 1, 2028 (e)
0.00 USD
0.52 USD

Granite Construction dividend payout ratio

In 2025, Granite Construction had a payout ratio of 14.42%. The payout ratio indicates the percentage of the company's profits that Granite Construction distributes as dividends.
  • 3 Years

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  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
246.39 %
Jan 1, 2022
32.13 %
Jan 1, 2023
63.93 %
Jan 1, 2024
21.79 %
Jan 1, 2025
14.42 %
Jan 1, 2026 (e)
8.96 %
Jan 1, 2027 (e)
7.42 %
Jan 1, 2028 (e)
6.69 %

Current Granite Construction forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
75.00 % (6)
Hold
25.00 % (2)
Sell
0.00 % (0)
12M Price Target
137.70
Last Price
121.60
Currency
USD
12M Return Potential
13.24 %
LTM Return
0 %

Granite Construction Analyst Rating Actions

DateFirmActionRatingReliability
7/31/2026
Oppenheimer
Oppenheimer
MaintainedOutperform65
7/31/2026
Goldman Sachs
Goldman Sachs
MaintainedSell
7/9/2026
Goldman Sachs
Goldman Sachs
DowngradeNeutralSell
2/13/2026
DA Davidson
DA Davidson
MaintainedBuy
1/28/2026
Goldman Sachs
Goldman Sachs
MaintainedNeutral
11/11/2025
DA Davidson
DA Davidson
MaintainedBuy
5/5/2025
Goldman Sachs
Goldman Sachs
MaintainedSell
10/9/2024
Goldman Sachs
Goldman Sachs
MaintainedSell
8/2/2024
Goldman Sachs
Goldman Sachs
MaintainedSell
4/16/2024
Goldman Sachs
Goldman Sachs
MaintainedSell

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Granite Construction Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
7/23/20262.35USD-1.43 BUSD-2026 Q2
4/30/2026-0.61USD-790.08 MUSD-2026 Q1
2/12/20261.39USD-1.16 BUSD-2025 Q4
4/30/2024-0.10USD-644.34 MUSD-2024 Q1
2/14/20240.90USD-846.70 MUSD-2023 Q4
7/26/20230.96USD-908.92 MUSD-2023 Q2
4/26/2023-0.06USD-674.50 MUSD-2023 Q1
2/23/20230.36USD-756.32 MUSD-2022 Q4
10/27/20220.94USD-998.41 MUSD-2022 Q3
7/28/20220.63USD-832.06 MUSD-2022 Q2
...

EESG©

Eulerpool ESG Scorecard© for the Granite Construction stock

86/100
93
Environment
78
Social
89
Governance
E

Environment

20
Scope 1 - Direct Emissions233,951
Scope 2 - Indirect emissions from purchased energy23,605
Scope 3 - Indirect emissions within the value chain10,530.32
Total CO₂ emissions257,556
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees12.74
Percentage of women in management
Percentage of Asian employees2.52
Share of Asian management
Percentage of Hispanic/Latino employees33.86
Hispano/Latino Management share
Percentage of Black employees2.85
Black Management Share
Percentage of white employees54.77
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Granite Construction shareholder structure

% Name
15.01391%
BLACKROCK, INC.
BLACKROCK, INC.
10.15782%
FMR LLC
FMR LLC
5.50177%
VANGUARD PORTFOLIO MANAGEMENT LLC
VANGUARD PORTFOLIO MANAGEMENT LLC
5.14262%
STATE STREET CORP
STATE STREET CORP
4.47402%
VANGUARD CAPITAL MANAGEMENT LLC
VANGUARD CAPITAL MANAGEMENT LLC
3.20177%
FIRST TRUST ADVISORS LP
FIRST TRUST ADVISORS LP
...

Granite Construction Beneficial Ownership Filings (SEC 13D/G)

Free Float
99.3%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
15.30%
BlackRock, Inc.
BlackRock, Inc.
SEC ↗
11.05%
The Vanguard Group - 23-1945930
The Vanguard Group - 23-1945930
SEC ↗
10.40%
FMR LLC
FMR LLC
SEC ↗
10.26%
Abigail P. Johnson
Abigail P. Johnson
SEC ↗
10.24%
Edward C. Johnson 3d
Edward C. Johnson 3d
SEC ↗
7.60%
Vanguard PRIMECAP Fund
Vanguard PRIMECAP Fund
SEC ↗
7.20%
95-1411037
95-1411037
SEC ↗
7.12%
04-2683227
04-2683227
SEC ↗
6.90%
William J. Nasgovitz
William J. Nasgovitz
SEC ↗
6.90%
HEARTLAND ADVISORS, INC.
HEARTLAND ADVISORS, INC.
SEC ↗

Granite Construction Executives and Management Board

18 members · avg. age 62 · 22 % women

KL

Mr. Kyle Larkin (53)

President, Chief Executive Officer, Director · since 2017

7.73 M USD

Management

JR

Mr. James Radich (66)

Executive Vice President, Chief Operating Officer

2.54 M USD
MT

Mr. Michael Tatusko (60)

Senior Vice President - Construction

1.77 M USD
BD

Mr. Brian Dowd (61)

Senior Vice President - Construction

1.65 M USD
SW

Ms. Staci Woolsey (48)

Chief Financial Officer, Executive Vice President

1.06 M USD
MH

Mr. M. Craig Hall

Executive Vice President, Chief Legal Officer, Corporate Compliance Officer, Secretary

BE

Mr. Bradly Estes (46)

Senior Vice President - Construction Materials

Board of Directors

MM

Mr. Michael Mcnally (70)

Independent Chairman of the Board

389,519.00 USD
LM

Ms. Laura Mullen (64)

Independent Director

257,050.00 USD
DD

Mr. David Darnell (72)

Independent Director

253,327.00 USD
AK

Mr. Alan Krusi (70)

Independent Director

251,327.00 USD
MC

Ms. Molly Campbell (64)

Independent Director

247,422.00 USD
LC

Mr. Louis Caldera (69)

Independent Director

244,550.00 USD

Granite Construction Supply Chain

Granite Construction Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
7 companies
#Nameβ 1YTrend
1
Cemex-Cpo
Supplier·Construction Materials·MX
0.30
0.60
0.67
0.87
0.83
0.92
2
Webuild
Supplier·Customer·Construction & Engineering·IT
0.17
0.20
0.71
0.92
0.90
0.89
3
Sterling Construction
Supplier·Customer·Construction & Engineering·US
-0.12
0.71
0.44
0.16
-0.37
0.80
-0.81
4
Tejon Ranch
Supplier·Real Estate Management & Development·US
-0.35
0.59
-0.41
0.40
0.05
0.68
5
Minera Autlan B
Customer·Metals & Mining·MX
0.54
0.55
-0.13
-0.84
-0.85
0.67
#Nameβ 1YTrend
1
Stem
Supplier·Electrical Equipment·US
0.86
0.74
0.69
0.93
0.81
2
Obayashi
Supplier·Customer·Construction & Engineering·JP
0.19
0.19
0.34
-0.22
0.09
-0.38
0.15

Frequently asked questions about Granite Construction

Granite Construction Inc focuses on providing diversified heavy civil construction services, infrastructure solutions, and materials production. Being a leading infrastructure contractor, Granite Construction specializes in projects such as highways, bridges, dams, tunnels, airports, and water treatment facilities. With a strong emphasis on safety and quality, the company utilizes its expertise to deliver cost-effective and sustainable solutions to its clients. Granite Construction prides itself on its integrated approach, offering a comprehensive range of construction services from design-build to project management. With its extensive experience and commitment to excellence, Granite Construction Inc continues to be a trusted name in the construction industry.

Granite Construction Inc is primarily active in the construction industry.

Granite Construction Inc faces competition from various companies in the market. Some of the main competitors of Granite Construction Inc include Fluor Corporation, Jacobs Engineering Group Inc, and Vulcan Materials Company. These companies operate in the same industry and offer similar services, such as construction and engineering. However, Granite Construction Inc distinguishes itself through its expertise, track record, and commitment to providing high-quality infrastructure solutions. By consistently delivering value and meeting customers' needs, Granite Construction Inc maintains its competitive edge in the market and continues to be a leading player in the industry.

Granite Construction Inc. is an American company that has a rich history and background dating back to its founding in 1922. Since its inception, Granite Construction Inc. has become a leading infrastructure contractor and construction materials producer. With its headquarters in Watsonville, California, the company has grown to be a trusted name in the industry, known for its expertise in heavy civil construction, including transportation, water infrastructure, and mining projects. Over the years, Granite Construction Inc. has diversified its services and expanded its operations to various regions across the United States. With a focus on quality, safety, and sustainability, the company continues to make significant contributions to the construction sector.

Granite Construction Inc has achieved several significant milestones throughout its history. The company has successfully completed numerous large-scale infrastructure projects, cementing its reputation as a leader in the construction industry. Some notable achievements include the successful completion of the Hoover Dam and various interstate highway construction projects. Granite Construction Inc has also expanded its operations internationally, solidifying its presence in the global market. With a strong focus on sustainability, the company has been recognized for its environmentally friendly practices and has received several awards for excellence in safety and construction. These milestones showcase Granite Construction Inc's commitment to delivering high-quality projects while maintaining a sustainable and safe work environment.

Granite Construction Inc is primarily present in the United States.

Granite Construction Inc represents a strong commitment to its core values and corporate philosophy. The company prioritizes safety, integrity, teamwork, and innovation. With a focus on delivering excellence, Granite Construction Inc values its employees and fosters a collaborative work environment. They believe in building sustainable infrastructure solutions while adhering to the highest ethical standards. By embracing accountability and continuously striving for improvement, Granite Construction Inc aims to provide exceptional services to its clients and stakeholders. As a reputable construction company, Granite Construction Inc's values and corporate philosophy guide its operations and enable it to consistently deliver successful projects.

Analysts currently set an average price target of 137.90 USD for the Granite Construction stock (median: 137.70 USD), implying +13.4 % versus the latest price. The consensus is based on 8 analyst ratings.

8 analysts currently rate the Granite Construction stock: 6 recommend buying, 2 holding and 0 selling. For 2026, analysts expect Granite Construction to generate revenue of 5.28 B USD and earnings per share of 4.73 USD.

Converted at the current exchange rate, the Granite Construction share trades at 105.26 EUR (121.60 USD).

The Granite Construction share (GVA) is listed on 3 stock exchanges, including: NYSE (GVA), Frankfurt (GRG.F), München (GRG.MU).

Granite Construction Inc. is a leading company in the construction industry and offers a wide range of services and products. The company has been active in the industry for over 100 years and has a strong presence in the USA and Canada. It operates in various sectors including road construction, bridge construction, tunnel construction, water and wastewater construction, airport infrastructure, mining, and energy infrastructure. The company specializes in each sector and provides customized solutions for the individual needs of customers. It is also involved in the production of construction materials such as asphalt, concrete, gravel, sand, and gravel, which are used for internal use as well as for sale to customers. These materials are used in various projects to create high-quality and durable infrastructure. Granite Construction also offers comprehensive project management and consulting services. It works closely with customers to understand their requirements and needs, and develop tailored solutions. The company has an experienced team of engineers, architects, and professionals who are capable of effectively planning, designing, and coordinating complex projects. Granite Construction also relies on innovative technologies and processes to improve the efficiency and quality of its services. It has a strong presence in the digital world and utilizes advanced technologies such as BIM (Building Information Modeling) and drone mapping to enhance project planning and execution. Being active in various sectors allows Granite Construction to generate multiple streams of income. The company earns income from services, sale of construction materials, and consulting services. The diverse income streams provide the company with flexibility and help stabilize revenue. Granite Construction places a strong emphasis on the safety of its employees and customers. It adheres to high safety standards and follows a zero-accident policy. The company provides regular training and education to ensure that all employees have the necessary knowledge and skills to work safely in the work environment. In summary, Granite Construction is an established company that offers a wide range of services and products. It operates in various sectors and provides customized solutions for the individual needs of customers. The company leverages innovative technologies and processes to improve the efficiency and quality of its services. Its strong presence in the digital world and high safety standards make it a preferred company in the construction industry.

The expected revenue of Granite Construction is 5.28 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Granite Construction is 253.23 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Granite Construction is currently 25.71. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Granite Construction stock.

The price-to-sales ratio (P/S) of Granite Construction is currently 1.23. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Granite Construction stock.

The Eulerpool Quality Score for Granite Construction is 6/10.

The ISIN of Granite Construction is US3873281071. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Granite Construction is 879080. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Granite Construction is GVA. The ticker symbol is used to trade Granite Construction shares on the stock exchange.

Over the past 12 months, Granite Construction paid a dividend of 0.52 USD . This corresponds to a dividend yield of about 0.43 %. For the coming 12 months, Granite Construction is expected to pay a dividend of 0.52 USD.

The current dividend yield of Granite Construction is 0.43 %.

Granite Construction pays a dividend, distributed in the months of , , , .

Granite Construction paid dividends every year for the past 29 years.

For the upcoming 12 months, dividends amounting to 0.52 USD are expected. This corresponds to a dividend yield of 0.42 %.

Granite Construction is assigned to the 'Industry' sector.

To receive the latest dividend of Granite Construction from amounting to 0.13 USD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, Granite Construction distributed 0.52 USD as dividends.

The dividends of Granite Construction are distributed in USD.